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Alphamin - sale of majority of interest in company
Alphamin Resources Corp. announced that it has been advised by its 57% majority shareholder, Tremont Master Holdings ("TMH"), that Tremont has entered into a definitive agreement for the sale of 718 990 967 common shares of the Company, representing approximately 56% of the outstanding common shares, to AbuDhabi-based International Resource Holding ("IRH") at a price of CAD0.70 share, or CAD503 293 677 (USD367 001 749) in the aggregate, and subject to certain completion adjustments that may decrease the total consideration. Details of the proposed transaction are contained in a joint news release issued by TMH and IRH dated June 3, 2025 (the "News Release").
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